Year: 2004

Poste Italiane 2004-2006 plan presented

Poste Italiane’s target is to increase its revenue from €8,100 million (2003) to around €9,700 million in 2006: the target is part of the 2004-2006 plan presented by its CEO,Massimo Sarmi, to the unions. In 2003 its market revenue increased by 4.9% (at the end of October) with Bancoposta enjoying a 12.6% increase. The new plan is aimed at “strategic and operational continuity” in relation to the 2003-2005 plan. Sarmi explained that one of the new elements of the plan is the introduction of an annual planning cycle (also known as ‘rolling’) in order to have a more suitable and flexible instrument to reach the company’s targets.

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Statute of Angolan Postal Services firm announced

The Angolan Government has recently promulgated the statute of the National Postal Services Company, in compliance with the new juridical regulation for the State Institutions, which are now being designated Public Firms, says an official source that Angop had access, em Luanda.

According to one of the latest editions of the Government Gazette, the National Postal and Telegraphs Company, named briefly as the Angolan Postal Sevices, is a public institution of great dimension, endowed with juridical personality and managing, financial and patrimonial autonomy.

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Management overhaul planned at La Poste

A series of new appointments are planned at La Poste, the French national postal services group. They include Marc-Andre Feffer, the former vice-chairman of Canal+ (Vivendi Universal), who will reportedly replace Nicolas Routier in January as managing director in charge of strategy. Mr Routier is expected to become chairman of the group’s subsidiary Mediapost, replacing Philippe Grangeon, who is leaving.

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French postal strike on the cards

The postal and telecommunications division of French union CGT has called on postal workers to take part in a national day of strike action in the second half of January. The union is protesting against what it calls “political refocusing” by the management of La Poste.

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China reduces international postal charges

According to the State Post Bureau (China Post), the special service fees of international mails, post cards, presswork and domestic registered mails have been calculated in terms of the new charging methods since January 1, 2004. The new charging standards say that the overall fees of the international mails reduced by about 5%-8% on average. China Post launched the SAL (Surface Air Lifted) services to over 60 countries such as the US, Canada, Japan and South Korea. The service is between the airmail and waterway mail in terms of speed and postal charges, and it is a new choice for the customers.

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UK postal war to start in 2005

Royal Mail is to face competition on letter deliveries to homes and small businesses far sooner than it currently expects.

Plans being drawn up by regulator Postcomm could see competitors such as Deutsche Post or Dutch TPG setting up rival ‘postie’ operations – including competing post boxes – as early as 2005. The move would open domestic deliveries to competition two years earlier than planned. Under current Postcomm plans, competition comes in three phases. The first, which begins on 1 January, allows competitors to deliver 4,000 items or more, or to collect together mail from a number of customers, sort it, and hand it over to RM for delivery. Phase 2 in 2005 was to have merely reduced the lower limit on bulk items. But Postcomm believes that reducing the bulk threshold alone will not meet its target of opening 60% of the market by 2005.

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UK Post office invests £10 million in drive for revenue

The Post Office® today (December 27) announced it is investing £10 million in its biggest ever drive to increase revenue and win a new generation of customers for the future. The company is returning to television advertising after a two year gap as it prepares for New Year plans that include the launch of new financial services, expansion of banking services and a revamp of branches. The new financial services are being developed as part of a £125 million joint venture with the Bank of Ireland and will include personal loans, savings accounts, credit cards, personal insurance and mortgages.

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France’s La Poste sees breakeven in 2004 & sales growth of 2.4%

State-owned La Poste said it forecasts a breakeven net profit on ordinary operations before taxes for 2004. La Poste said it forecasts sales growth of 2.4 pct in 2004. For 2002, the company saw sales growth of 1.8 pct at 17.3 bln eur. La Poste said last month it plans to invest 3.4 bln eur between 2004-2010 to modernise its postal business.

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